INDIA: COVID-19: Pause Today, Bounce-Back Tomorrow 02 March 2020
- COVID-19: Comparable to GFC shock and bigger, but unlike GFC, is a socio-biological calamity-driven stress and has engulfed the entire world. Damage is physical and psychological.
- Global economic decline projected in upcoming quarters- loss of investor confidence, consumption slowdown, loss of jobs (World GDP growth could even fall to 0% in initial two quarters of 2020, on the lower side*).
- Post COVID-19, however, the world to witness large-scale transformation and business boost.
